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[The following Information applles to the questions displayed below Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000
[The following Information applles to the questions displayed below Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Varlable expenses $23,300 13,100 Contribution margin Flxed expenses 10,200 7,548 Net operating Income $ 2,652 9 What is the break-even point in dollar sales? (Round intermediate calculations to 4 decimal places. Round your answer to the nearest dollar amount.) Break-even point 10. How many units must be sold to achieve a target profit of $6,426? (Do not round intermediate calculations.) Number of units 2. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 3% increase in sales? Do not round intermediate calculations. Round your percentage answer to 2 decimal places (i.e.1234 should be entered as 12.34) Increase in net operating income
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